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this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i understand it, i understand the broad principles, but i don't have the nuts and bolts of it. and i hear the president say he's ready, willing and excited to have bipartisanship, but i don't know what his plan is either. >> again, his budgets, four budgets, yet to propose a solution to save social security or medicare. can't even get democrats or house senators to vote for his plan. we haven't seen his plan. that's a real tragedy. the president, it's incumbent on him. he won, time for him to govern, show the american people his balanced plan. he talked about it all the time. we know where he wants to increase revenue. he
this is about returning confidence to the economy. >> greta: a plan to rev up the economy or a plan for spending cuts? >> a plan for reducing the deficit which actually would return certainty to the economy, restore confidence, which would help economic growth. punishing success will not do that. temporary tax increases don't do that as well. >> greta: it's interesting, almost seems like a game of chicken to see who's going to blink first. i listen to what you say, and i...
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if the economy, does the economy rapidly improve? there are a lot of different factors but by and large people act rationale if they know those stocks going to get hammered, you will pay extra taxes you shy away from the stocks and why warren buffett has the bully puppet, i know he is a billionaire but he is a speculator and a political mouthpiece of the administration and it is tiring listening to this guy like he is the greatest economic mind we have? come on. >>neil: you are going --. >>guest: he hat made his share of mistakes, remember that sleazy deal? >>neil: we say the dividend rate could go to the top, whatever the income rate could be the rate you pay on taxes. the rumble over ronald, the unions going after the fast food powerhouse but why you could be the one getting kicked. we bel, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar tra
if the economy, does the economy rapidly improve? there are a lot of different factors but by and large people act rationale if they know those stocks going to get hammered, you will pay extra taxes you shy away from the stocks and why warren buffett has the bully puppet, i know he is a billionaire but he is a speculator and a political mouthpiece of the administration and it is tiring listening to this guy like he is the greatest economic mind we have? come on. >>neil: you are going --....
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about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's expected to happen? >> reporter: good morning, bill. the vote on the palestinians, a nonmember observer state. we expect to hear from palestinian authority president mahmoud abbas within the next hour. that vote coming after he turned president obama down flat. the u.s. does not want this vote. the palestinians made a move for it last year in the security council where we have a veto. there is no u.s. veto in the 193-member general assembly where it is expected to pass overwhelmingly later this afternoon. last year the pal
about the economy. martha: it will be interesting to see what timothy geithner brings to these discussions today. we'll be reporting on it and you will be there on the hill. thank you very much. >> we'll look forward to it. thanks, martha. martha: all right. bill: there is a controversial vote set to take place today at the united nations and the u.s. is expected to vote against it. eric shawn's live at the u.n. eric, good morning to you, what is the vote about first of all and what's...
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money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans. republicans have been willing to negotiate. if he doesn't come forward and provide real leadership, we go off the cliff, the economic disaster that we're going to see is going to be squarely on the shoulders of this president. >> sean: i would like to adopt something like the mac penny plan. cut one penny out of every dollar washington spends, and we move to a balanced budget. with baseline budgeting, you have increases every year. can you ever get rid of baseline budgeting? >> if any corporation in america operated the way the co
money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans....
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jenna: now to the economy. investors are reacting to some new data we got today. the dow is slightly higher the commerce department is reporting that our economy grew at a pace of 2.7% in the july through september period. that is better than the initial estimate. we have numb another reading after this. this is not the final number. economists are seeing signs the meager growth we experienced last quarter may not be necessarily sustainable jon. jon: weekly jobless numbers are in and they are down. the labor department reporting number of americans trying to get unemployment benefits fell 23,000 to 393,000 last week, the second straight drop after superstorm sandy had driven applications much higher earlier in the month. the labor department is saying the storm had little impact on these numbers. jenna: still too high for many investors. even in this tough economy entrepreneurs are carving out a niche, if you will, some sort of innovation. in our spotlight on small business today we are checking out a business that makes granny pods. that is what they're calling t
jenna: now to the economy. investors are reacting to some new data we got today. the dow is slightly higher the commerce department is reporting that our economy grew at a pace of 2.7% in the july through september period. that is better than the initial estimate. we have numb another reading after this. this is not the final number. economists are seeing signs the meager growth we experienced last quarter may not be necessarily sustainable jon. jon: weekly jobless numbers are in and they are...
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that will hurt the economy. when the economy is bad, less people travel commercially for leisure, less people send packages. it hurts us and again, razor thin profit margin, we need a good economy, we need the economy good overt long haul. it's good for business. >> gretchen: do you think they were actually listening to what you had to say? >> i think they were. >> gretchen: really? >> yeah. i think it was a good discussion because the business radio he said were talking about what the impact of going overt cliff would be and also with a it would be down the line. >> gretchen: but so much, nick, of what's been discussed in the press is only about increasing taxes. you just got done talking about the fact that a stool falls over unless you have the other legs there. did you get the sense in these insider talks that people are actually going to take on entitlement reform? >> i think behind the scenes talk, yes. right now there is a lot of public posturing going on and that, i think, i personally think that's a pro
that will hurt the economy. when the economy is bad, less people travel commercially for leisure, less people send packages. it hurts us and again, razor thin profit margin, we need a good economy, we need the economy good overt long haul. it's good for business. >> gretchen: do you think they were actually listening to what you had to say? >> i think they were. >> gretchen: really? >> yeah. i think it was a good discussion because the business radio he said were talking...
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well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >> it's a terrible position for the republicans to be in. their only negotiating coin right now. and to give in without doing something to figure out these entitlement program would be a disaster for the republican party. megyn: michael, thanks. coming up, a provocative column in the "wall street journal" on race in america. megyn: the teacher's union in buffalo, new york attracted national attention when we learned their contract benefits include coverage for taxpayer turned plastic surgeries. the issue came up again and trace gallagher picks up our stor
well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >>...
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what else do not feds see in the economy, peter. empleghts overall the feds saw the economy growing at a measured pace in recent weeks but it said that some business context said that they were worried about uncertainty over the battle of the fiscal cliff in washington. that concern might be showing up in the manufacturing sector. the feds said that in some places around the country, manufacturing was slowing down and actually contracting outright. but it said that hiring was up modestly most places and with the holidays coming up. it said that the outlook for retail sales was mostly upbeat. shep? >> shepard: what's with the sirens? is the place on fire? >> no. there is escort going out here from the white house. >> you don't have much clout there. >> the vice president apparently is leaving. >> shepard: he might as well. what will the fed do with today's report? it has a meeting in a couple of weeks, you know. >> this was okay report. more importantly it was not strong enough for the fed to back off stimulus programs keeping intere
what else do not feds see in the economy, peter. empleghts overall the feds saw the economy growing at a measured pace in recent weeks but it said that some business context said that they were worried about uncertainty over the battle of the fiscal cliff in washington. that concern might be showing up in the manufacturing sector. the feds said that in some places around the country, manufacturing was slowing down and actually contracting outright. but it said that hiring was up modestly most...
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>> the economy is getting a little better. cyber monday was a new record. the big et cyber monday on record. they are beginning to open up their wallets. they are saving their cash for years now spending. >> or using credit cards a lot. let's get to the companies. >> ups you know this one. the global package delivery company. there are several things you can do and they are hiring through december 8th. they have 55,000 seasonal jobs available. 525 million packages will be shipped between now and christmas. packaged loaders unloaders, 8.50 an hour. >> 55,000 jobs that's a lot. >> sterling jewelers. >> i love this one. mostly mall based jewelry companies. this is kay and jared. they own both chains. they have full-time positions across the nation. they have 1300 plus more across the country. you don't flooefd why yous jewelry experience. they will train you about cut and clarity and color the size and different shapes. they will train you and put you into the store the. >> is it an hourly salary? >> it is a base salary but you also do get commission. these jo
>> the economy is getting a little better. cyber monday was a new record. the big et cyber monday on record. they are beginning to open up their wallets. they are saving their cash for years now spending. >> or using credit cards a lot. let's get to the companies. >> ups you know this one. the global package delivery company. there are several things you can do and they are hiring through december 8th. they have 55,000 seasonal jobs available. 525 million packages will be...
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the american economy is on the line. and this is a moment for adult leadership. campaigns that have leaks in the press are not a way to get things done in washington. >>reporter: other top republicans express frustration saying they had seven weeks to work it out they feel like fiscal cliff are now gone. >>shepard: are we supposed to believe all the sources who tell us that there is real progress behind-the-scenes or not? >>reporter: depends who you listen to. the republican leader in the united states senate, mcconnell said geithner's visit was a step backward. sources say he was talking about raising taxes $1.6 trillion and they say that is not reality. that is not going to pass the senate or the house >>shepard: the syrian government that is killing its people by the tens of thousands has shut down the internet across the country according to two u.s. based internet monitoring companies. activists confirm the blackout to the associated press and the syrian government claims we didn't do it, no, the terrorists shut down the intent. fighting an the main syrian a
the american economy is on the line. and this is a moment for adult leadership. campaigns that have leaks in the press are not a way to get things done in washington. >>reporter: other top republicans express frustration saying they had seven weeks to work it out they feel like fiscal cliff are now gone. >>shepard: are we supposed to believe all the sources who tell us that there is real progress behind-the-scenes or not? >>reporter: depends who you listen to. the republican...
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. >> brian: i believe he knows it's his economy now. clearly. he goes on vacation. if this is done he is not body surfing. he knows he will be tortured and ongoing katrina. john boehner is frustrated after a closed door meeting with geithner. >> eric: brian's point, vacation is on because president obama knows he has a deal. >> dana: i don't think -- well, one, the present doesn't have a spending cut plan. why is everyone looking at us. where is your plan, sir? now the democrats are starting to realize wait, i think they are on to us. president obama sacrificed going to hawaii with his family. going to stay behind. they will fawn over him for not going to hawaii. >> bob: that happened last year. if you accept the bush tax cut last time. family went off and obama stayed behind. it's time so just accept it. >> brian: it is the same game. the house republican and the senate democrat and president is democrat. >> eric: i can't tell you how many shows i stayed until 11:59, live show for the debt creeling to hit or the government to shut down. government would shut down,
. >> brian: i believe he knows it's his economy now. clearly. he goes on vacation. if this is done he is not body surfing. he knows he will be tortured and ongoing katrina. john boehner is frustrated after a closed door meeting with geithner. >> eric: brian's point, vacation is on because president obama knows he has a deal. >> dana: i don't think -- well, one, the present doesn't have a spending cut plan. why is everyone looking at us. where is your plan, sir? now the...
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the economy grew at 2.7% in the third quarter better than the figure announced. the dow was up 37. the s&p 500 gained six. nasdaq finished ahead 20. syrian rebels struck a major blow in the heart of the government today killing a top ruling of the party in a car bombing and someone is cutting off internet and cell phone communication in syria in certain areas. both sides pointing fingers at the others. all of this as decision-maker in washington try to make a decision on how involved the u.s. should be. we get the latest tonight from correspondent connor powell in jerusalem. hello, connor. >> forces loyal to bashar assad show a city of aleppo while rebels filed mortars at the damascus international airport causing damage to the runway to force several airlines to cancel their flight. >> the assad regime air superior over the syrian rebels appears to be disappea disappearing. in the past 24 hours they shut down two helicopters. rebels used the antiaircraft guns to shoot down the helicopters in the past. but now they have access to more shoulder-to-air missiles. >> we have shut down
the economy grew at 2.7% in the third quarter better than the figure announced. the dow was up 37. the s&p 500 gained six. nasdaq finished ahead 20. syrian rebels struck a major blow in the heart of the government today killing a top ruling of the party in a car bombing and someone is cutting off internet and cell phone communication in syria in certain areas. both sides pointing fingers at the others. all of this as decision-maker in washington try to make a decision on how involved the...
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is it going to change the economy? no. are most people going to get hired? no. it is absolutely absurd for warren buffet to say something like that, and it kind of proves to me maybe we shouldn't listen to him if he can say stuff as dumb as that. joy don't they make a pilgrimage to omaha to listen to his annual shareholders conference or something like that? you are right, he did say raising taxes on the rich was, quote, to give the middle class a moral boost. >> a moral boost. a moral boost. a paycheck would be a moral boost. >> exactly. >> unemploy -- unemployment must numbers going down instead of up. this is absurd. >> doesn't he look like a grandpa? >> he looks like mr. mcgoo. >> don't go bowling with those guys. >> my morale -- >> it is a good t-shirt. >> my morale would be greatly boosted if we stopped giving taxpayer money to warren buffet to begin with. he is one of the biggest five or ten or the biggest crony capitalists in the country. he basically went on washington and said, yes, you really need to pass this bailout. afterwards the stimulus. i will
is it going to change the economy? no. are most people going to get hired? no. it is absolutely absurd for warren buffet to say something like that, and it kind of proves to me maybe we shouldn't listen to him if he can say stuff as dumb as that. joy don't they make a pilgrimage to omaha to listen to his annual shareholders conference or something like that? you are right, he did say raising taxes on the rich was, quote, to give the middle class a moral boost. >> a moral boost. a moral...
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>> the state's economy is third in the country in terms of worse performing. and he just unveiled a proposal to give driver's license to illegal aliens. this guy has been inundated. there is a major backlash here and now he declares this war on christmas. he is in a lot of trouble. the folks though in rhode island outside of brown, they want it to be the christmas tree, right? >> of course they do. >> bill: okay. >> he they are not really that angry. it's a bizarre -- it's so out of the mainstream they kind of think chafee has kind of lost it. >> bill: all right. well rhode island traditionally a very catholic state. a lot of italians, portuguese, this and that. we're going to get -- you are going to get governor chafee for us. i'm going to be able to interview him later, right? >> right. we're really looking forward to it. it looks like it's going to go down. >> bill: going to be tomorrow. o'reilly and chafeee. does he have any clue what he he is getting into? >> i think he does. but that's what i'm worried about. i'm looking forward to this interview. i'm go
>> the state's economy is third in the country in terms of worse performing. and he just unveiled a proposal to give driver's license to illegal aliens. this guy has been inundated. there is a major backlash here and now he declares this war on christmas. he is in a lot of trouble. the folks though in rhode island outside of brown, they want it to be the christmas tree, right? >> of course they do. >> bill: okay. >> he they are not really that angry. it's a bizarre --...